April 02, 2026 09:35 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
AAP drops Raghav Chadha from key parliamentary role, sparks buzz over internal rift | Amit Shah to camp in West Bengal for 15 days during Assembly polls; predicts Mamata’s defeat in state and Bhabanipur | 'BJP plotting President’s Rule, don’t fall in the trap': Mamata Banerjee on Malda unrest, urges peace | 'Most polarised state': CJI Kant raps Bengal govt over 9-hour hostage of judicial officers | Bengal SIR protest: Judge pleads for help amid mob attack after 9-hour hostage ordeal | Bengal SIR progress: 47 lakh of 60 lakh adjudicated cases disposed of, Supreme Court informed | Amit Shah to join Suvendu Adhikari on Bhabanipur nomination day; BJP plans mega roadshow | Fuel prices rise: Premium petrol, diesel hiked amid oil price surge | Commercial LPG up Rs 195.50 as global oil prices rise; domestic rates unchanged | Layoff alert: Oracle cuts 30,000 jobs globally, 12,000 hit in India

2015 bonus for FCA employees in Italy

| | Feb 04, 2016, at 09:15 pm
Rome, Feb 4 (IBNS) Fiat Chrysler Automobiles on Wednesday said it notified trade unions of the amount of the 2015 efficiency bonus to be paid to all Group employees in Italy in February, as provided in the FCA collective labor agreement.

Measurement of actual performance, which may vary by production unit, is based on the World Class Manufacturing (WCM) system.

"At Group level, the average bonus will be equivalent to 4.5% of base annual pay. Combined with quarterly bonus amounts already paid, the total bonus for 2015 will average 6.0% of base annual pay," the company said in a statement.

The new compensation scheme introduced in July 2015 provides all Italian employees direct participation in achievement of the productivity, quality and profitability targets established in the Group’s business plan.

In 2015, FCA significantly outperformed all targets set for the year. Despite some changes in market conditions compared with the assumptions underlying the plan, the Group, with the contribution and support of all employees, has reacted rapidly and decisively to ensure that it remains on track to achieve the targets set for 2018.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm